Westridge, Edmonton - July 2026 Real Estate Report

Westridge, Edmonton: Your Home Is Worth More Than the City Thinks

If you own a home in Westridge and you have not looked at your HonestDoor Price lately, you are probably sitting on more equity than you realize. The city's assessment says one thing. The real market is saying something else entirely - and the gap is significant.

The Vibe: What Is Actually Happening in Westridge Right Now

Westridge is a small, high-value pocket of Edmonton. With 463 properties assessed and only 16 transactions recorded in 2026, this is not a neighbourhood where homes change hands often. When they do, it matters. Here is the split between houses and condos:

Houses: Fast, Expensive, and Sellers Are Winning

If you have been watching the "For Sale" signs in Westridge, here is what is actually happening with houses right now. The average sale price hit $1,185,000 this month - up 39.4% from last month. That is a big jump, and yes, it is based on a thin slice of sales, but the direction is clear. The one house that sold went in just 1 day on market and closed at 101.1% of list price. Buyers are paying above asking. That is the definition of a sellers' market.

• Average sale price: $1,185,000
• Average list price: $989,000
• Sale-to-list ratio: 101.1% - buyers paid over asking
• Average days on market: 1
• Price per square foot: $526
• HonestDoor Price (houses): $804,694 - up 1.76% from last period
• Predicted market value: $792,409
• Estimated monthly rent: $3,554 with a rental yield of 5.10%
• Days-on-market rank: 1 out of 103 neighbourhoods - the fastest in Edmonton
• Price rank: 17 out of 285 neighbourhoods - among the most expensive in Edmonton

On the neighbourhood leaderboard, Westridge houses rank 149 out of 302 for growth - solidly above average. Not the top of the pack, but holding its own in a city with a lot of competition.

Condos: A Different Story - Worth Watching Closely

We will be straight with you on condos. The HonestDoor Price sits at $559,300 and has actually ticked up 3.36% from the previous period, which sounds good. But the predicted market value of $541,119 is trending down from the 3-month moving average of $547,087, and recent value change is sitting at -1.91%. The rental yield of 3.76% is moderate - not a home run for investors, but not a disaster either.

• HonestDoor Price (condos): $559,300 - up 3.36% from last period
• Predicted market value: $541,119
• 3-month moving average: $547,087 - values are dipping
• Recent value change: -1.91%
• Estimated monthly rent: $2,733
• Rental yield: 3.76%
• Growth rank: 198 out of 296 neighbourhoods - below average

Condo owners in Westridge should keep a close eye on this. The short-term trend is softening. That does not mean panic - it means pay attention.

The Secret Sauce: Why Your HonestDoor Price Is the Number That Actually Matters

Here is the thing about your city tax assessment. It is a snapshot from the past. It gets updated once a year, uses broad formulas, and does not account for what your specific street, your specific floor plan, or this specific month's buyer demand looks like. The average assessed value in Westridge is $736,163. The average HonestDoor Price is $804,694. That is a gap of 9.31% - meaning the city is undervaluing the average Westridge home by roughly $68,500.

The HonestDoor Price updates in real time using actual transaction data, current listings, and local market signals. It is the real-world check against a number the city calculated months ago. If you are making any financial decision - refinancing, selling, even just understanding your net worth - the HonestDoor Price is the number to start with.

The "So What?" - Thinking About Selling This Summer?

For house owners in Westridge, the timing is genuinely strong right now. Homes are selling in a single day, buyers are going over asking, and your HonestDoor Price is climbing. Compare that to nearby neighbourhoods - Patricia Heights is cheaper and growing slower, and even Oleskiw, which carries a higher HonestDoor Price of $941,542, is growing slower than Westridge. You are in a competitive position on the Edmonton leaderboard.

For condo owners, this summer calls for a more careful read. Values are dipping slightly in the short term. That does not mean do not sell - it means price it right from day one and do not wait for the market to come back to you.

Either way, pull your HonestDoor Price before you call an agent. Walk into that conversation knowing what your home is actually worth - not what the city assessed it at last January.

• Neighbourhood overall growth: 0.06% year over year
• Total transactions in 2026: 16
• Properties assessed: 463
• Average Airbnb estimate (houses): $179 per night
• Westridge Airbnb rank in Edmonton: 62
• Average assessed value rank in Edmonton: 27 - one of the highest-value neighbourhoods in the city

This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.